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If I want to write a software program to develop a mechanical trading system to generate buy/sell signals based on some indicators (such as RSI, MA, EMV, etc), is there any commercial software package which provides some API (such C programming language API) so that I can write my own computer...

One simple way is to trade future and register yourself as CTA. Once you become a registered CTA, does that mean you can take any client from any States without register with each State? For example if you are in Illinois, after you registered with NFA/CFTC to become a CTA, can you...

Pay the hundred dollars or so to the NFA to license you with the CFTC, but do not register with the NFA...(warning: do not solicit customers in their regulated Industries) So in this case, you have registered with CFTC, but you did not register with NFA. In this case, are you a CTA or not...

Can a registered (with NFA/CFTC) CTA who locates in State-A in US: 1. Put out ad in the States other than State-A? 2. Take Clients from the States other than State-A? 3. Take Clients from the countires other than US?

I have NQ Jun2007 position with Interactive Brokers, last week I have to roll over to NQ Sep/2007. How do I do it in ONE order? Currently,I have to execute one order to sell NQ Jun/2007 and execute another separate order to buy NQ Sep/2007. It is not convenience to do so. My understanding...

<<<Hard to estimate the size of this excess funds thing, since I don't exactly know who the customers are. But put it this way: if you're a guy with $25K, daytrading a few ES per day, the whole $25K sits on the securities side. If you hold 2 overnight...they're going to shift approx $8K to the...

<<<Two things keep IB relatively low on the list. One they're primarily a retail shop. A customer of PIMCO's ilk can elevate a firm pretty high. Also IB really isn't in the CTA game. >>> What does "IB really isn't in the CTA game." mean? Does IB support CTA?

After download the new version of TWS today, I can not login IB TWS ... Since it asks for "challenge". I have secure devise from IB but after provide my user name and password, and the code from secure devise, still can not login. Call IB, office close, open chat room no response.. Does any...

Which IB or FCM offer free X-Trade? I was under impression that if you use X-Trade to just trade one exchange, some IB/FCM will allow you to use X-Trade for free. Can some one explain it in more detail, how that work? and which IB/FCM offer it? Thanks in advance.

Can any one advise which IRS document define 60/40 tax rules for future trading? Any URL link to such document? or document ID or title? I do understand 40/60 rule is true for future trading, but I do really need to locate the IRS document explains how that work in detail. Please help me if...

Profit calculation should be based on the profit during the liquidation period. If a hedge fund allows liquidation every quarter, profit calculation should be done quarterly. If they wish to use monthly profit calculation, they should allow monthly liquidation. That, I believe, would be...

My issue is not with the 2/20 or 0/30 structure. My issue is with the way they calculate the profit. Hedge fund investors can't liquidate at anytime they wish right? So if they can only liquidate only once a year, wouldn't it be fairer if the profit be based on the profit at the...

What is defined by New Trading Profit? --- Positive P/L in the month in question. Take the following as an eg. Month 1: Current Return = 10% <--------- NTP = 10% Month 2: Current Return = 5% <----------- NTP = 0% Month 3: Current Return = 15% <----------- N TP = ((115/110) – 1) *...

[b]I would set the % at least at 30%. The higher you go, the more motivated you will be and you need to explain that to the potential client(s). I would actually prefer this over a small yearly mgmt fee and a smaller % of profits.[b] Why you feel that way? Why 30% is better?

How do I get the user name and password to be able to login NFA database? Thanks for advise.

“0% Management Fee & 30% Incentive Fee” vs. “2% Management Fee & 20% Incentive Fee” Please compare the following two fee structures (A/B) and post what you think about the pros and cons for each options in both clients and advisors point of view. Compare two Fee Structures: A...

How do you know you have passed Series-3? I took Series-3 about a month ago. After I finished the exam, PROCTOR did give me a computer print out indicated that I have passed the exam (GRADE: PASS) before I left the exam-center. But after that I did not receive any official paper from any...

Hi Jessie: The NFA has very strict guidelines about that, and you can see them at their website under information for CTA's. Do you happen to have the URL for such information in NFA web-site? Thanks. Da Bao

Futures are subject to Section 1256 of The IRS code. Any Gain/Loss is treated as 60 percent long-term and 40 percent short-term capital gains. Also known as (the "60/40" rule). You need only report the net result at the end of the year as reported by your 1099 from your broker. What is your...

that is why the us$ index futures are the best, 60/40 tax benefit. plus you don't have to make multiple trades and commish's. Does any one have a link (URL) to IRS web site regarding 60/40 tax treatment? Thanks.